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briansol · 08-25-2009, 12:48 AM

i'd love to see a solid penny a day for the next 30 days

titan22 · 08-25-2009, 10:25 AM

haha, that would be nice. i would be happy with it too. it had a nice pop today. beat the .15 and .16 resistance levels pretty easily.

briansol · 08-25-2009, 01:17 PM

still holding a solid 1.5 cent gain. i can live with that

titan22 · 08-25-2009, 02:19 PM

i'm having a hard time not selling today and anticipating a dip to rebuy. but i'm not going to risk it. not with the 10k coming out next week. the risk reward isnt' there. maybe increase my holding by a couple thousand shares isn't worth it if this thing jumps to .20 tomorrow.

briansol · 08-26-2009, 04:55 PM

everything says hold/buy. selling now for a small profit is a mistake IMO.

It's possibly this thing goes to $1 by years end. if it does, my $100 will turn into $15,000.

titan22 · 08-26-2009, 05:01 PM

thats an awesome rate of return. i bet you wish you put it all into sponge huh?

briansol · 08-26-2009, 06:16 PM

no, i don't. I believe in carrying a diverse portfolio. 60% of my holdings is long term, dividend paying stocks that i use as my solid base. Their price is pretty steady, and the divdends keep them worthwhile to hold long.

the other 40%, i play with. I wouldn't say i day trade, but week-trade is more like it. When something looks good, i'll put some money into it and hold it for a while and see what happens. when its time to bail, i bail and move on, looking for the next best thing to come.

Of course, if i had a greater bank roll, this would be a totally different ball game.

But, since i lost my job contributing back in april to both of my stock accounts. i was sitting around 8k at the time. (5/3 simple/roth accounts)
Today, i'm just shy of $14k. (9/5) So, i've made a good deal of money off no residual investment funding, just buying smart and playing the game well.

titan22 · 08-26-2009, 06:52 PM

thats a really good return. hopefully you can get with a company that will give you more benefits.

i day traded a TON when i was getting free trades at TDA. made some good money. can't keep doing it though because $20/flip is spendy when you only make $50-$100/trade. i'm up pretty well in the last 3 months, mainly due to spng.

briansol · 08-27-2009, 02:20 AM

I don't think i'm going back to work. I like my life again

Sure, i'm not making bank, but i'm stress free, have cut my living expenses by 300% (it's amazing how much money you spend just to GO to work every day). my bills are paid. i'm not losing my house or my cars. all my utilities are paid. i have food on my table. working for the man gets your no where. I love this lifestyle. work when i want, how long i want, and for how much i want, or i go outside, relax, watch a movie, or work on the yard. it's like i'm retired

Sure, i don't have much spending money, but i don't really need it to be happy at this point in my life.

As long as i make solid investment choices, my retirement will get funded properly and i'll have a nice life. I'll put my (future) wife to work, and i'll go on her health insurance

i has a plan

titan22 · 08-27-2009, 10:37 AM

haha, sounds like an awesome plan that you have there buddy.

ifsl made a nice jump today too... i'm still annoyed i didn't put more money into it. oh well, expenses and bills come first, investments come later.

08-25-2009, 12:48 AM	#11
briansol Savings Advisor Join Date: Aug 2006 Location: Central CT Age: 32 Posts: 761 Rep Power: 7	i'd love to see a solid penny a day for the next 30 days __________________ Any thoughts or opinions are that of my own. Research your buys and sales on your own. I am not a stock broker.

08-25-2009, 10:25 AM	#12
titan22 Super Moderator Join Date: Aug 2006 Location: West Coast Posts: 773 Rep Power: 7	haha, that would be nice. i would be happy with it too. it had a nice pop today. beat the .15 and .16 resistance levels pretty easily. __________________ This post does not express the opinions of the website, it's members, or its owner. Always invest with caution and do proper research. If you have questions, consult a paid, investment professional.

08-25-2009, 01:17 PM	#13
briansol Savings Advisor Join Date: Aug 2006 Location: Central CT Age: 32 Posts: 761 Rep Power: 7	still holding a solid 1.5 cent gain. i can live with that __________________ Any thoughts or opinions are that of my own. Research your buys and sales on your own. I am not a stock broker.

08-25-2009, 02:19 PM	#14
titan22 Super Moderator Join Date: Aug 2006 Location: West Coast Posts: 773 Rep Power: 7	i'm having a hard time not selling today and anticipating a dip to rebuy. but i'm not going to risk it. not with the 10k coming out next week. the risk reward isnt' there. maybe increase my holding by a couple thousand shares isn't worth it if this thing jumps to .20 tomorrow. __________________ This post does not express the opinions of the website, it's members, or its owner. Always invest with caution and do proper research. If you have questions, consult a paid, investment professional.

08-26-2009, 04:55 PM	#15
briansol Savings Advisor Join Date: Aug 2006 Location: Central CT Age: 32 Posts: 761 Rep Power: 7	everything says hold/buy. selling now for a small profit is a mistake IMO. It's possibly this thing goes to $1 by years end. if it does, my $100 will turn into $15,000. __________________ Any thoughts or opinions are that of my own. Research your buys and sales on your own. I am not a stock broker.

08-26-2009, 05:01 PM	#16
titan22 Super Moderator Join Date: Aug 2006 Location: West Coast Posts: 773 Rep Power: 7	thats an awesome rate of return. i bet you wish you put it all into sponge huh? __________________ This post does not express the opinions of the website, it's members, or its owner. Always invest with caution and do proper research. If you have questions, consult a paid, investment professional.

08-26-2009, 06:16 PM	#17
briansol Savings Advisor Join Date: Aug 2006 Location: Central CT Age: 32 Posts: 761 Rep Power: 7	no, i don't. I believe in carrying a diverse portfolio. 60% of my holdings is long term, dividend paying stocks that i use as my solid base. Their price is pretty steady, and the divdends keep them worthwhile to hold long. the other 40%, i play with. I wouldn't say i day trade, but week-trade is more like it. When something looks good, i'll put some money into it and hold it for a while and see what happens. when its time to bail, i bail and move on, looking for the next best thing to come. Of course, if i had a greater bank roll, this would be a totally different ball game. But, since i lost my job contributing back in april to both of my stock accounts. i was sitting around 8k at the time. (5/3 simple/roth accounts) Today, i'm just shy of $14k. (9/5) So, i've made a good deal of money off no residual investment funding, just buying smart and playing the game well. __________________ Any thoughts or opinions are that of my own. Research your buys and sales on your own. I am not a stock broker.

08-26-2009, 06:52 PM	#18
titan22 Super Moderator Join Date: Aug 2006 Location: West Coast Posts: 773 Rep Power: 7	thats a really good return. hopefully you can get with a company that will give you more benefits. i day traded a TON when i was getting free trades at TDA. made some good money. can't keep doing it though because $20/flip is spendy when you only make $50-$100/trade. i'm up pretty well in the last 3 months, mainly due to spng. __________________ This post does not express the opinions of the website, it's members, or its owner. Always invest with caution and do proper research. If you have questions, consult a paid, investment professional.

08-27-2009, 02:20 AM	#19
briansol Savings Advisor Join Date: Aug 2006 Location: Central CT Age: 32 Posts: 761 Rep Power: 7	I don't think i'm going back to work. I like my life again Sure, i'm not making bank, but i'm stress free, have cut my living expenses by 300% (it's amazing how much money you spend just to GO to work every day). my bills are paid. i'm not losing my house or my cars. all my utilities are paid. i have food on my table. working for the man gets your no where. I love this lifestyle. work when i want, how long i want, and for how much i want, or i go outside, relax, watch a movie, or work on the yard. it's like i'm retired Sure, i don't have much spending money, but i don't really need it to be happy at this point in my life. As long as i make solid investment choices, my retirement will get funded properly and i'll have a nice life. I'll put my (future) wife to work, and i'll go on her health insurance i has a plan __________________ Any thoughts or opinions are that of my own. Research your buys and sales on your own. I am not a stock broker.

08-27-2009, 10:37 AM	#20
titan22 Super Moderator Join Date: Aug 2006 Location: West Coast Posts: 773 Rep Power: 7	haha, sounds like an awesome plan that you have there buddy. ifsl made a nice jump today too... i'm still annoyed i didn't put more money into it. oh well, expenses and bills come first, investments come later. __________________ This post does not express the opinions of the website, it's members, or its owner. Always invest with caution and do proper research. If you have questions, consult a paid, investment professional.

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